ELOAF
Price:
$0.011
Market Cap:
$4.94M
Emergence Global Enterprises Inc. develops and distributes natural health foods, supplements, and sports nutrition specialty supplements in North America. The company was formerly known as Velocity Data Inc. and changed its name to Emergence Global Enterprises Inc. in February 2020. Emergence Global Enterprises Inc. was incorporated in 2011 and is based in Vancouver, Canada.
Industry
Packaged Foods
IPO Date
2019-02-28
Stock Exchange
OTC
Ticker
ELOAF
According to Emergence Global Enterprises Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of 26.85% compared to the average of 0.53 of the last 4 quarters.
The mean historical Current Ratio of Emergence Global Enterprises Inc. over the last ten years is 0.32. The current 0.67 Current Ratio has changed 20.52% with respect to the historical average. Over the past ten years (40 quarters), ELOAF's Current Ratio was at its highest in in the January 2014 quarter at 1.44. The Current Ratio was at its lowest in in the July 2016 quarter at -0.01.
Average
0.32
Median
0.08
Minimum
0
Maximum
1.26
Discovering the peaks and valleys of Emergence Global Enterprises Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 1.26
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.67 | 18.69% |
| 2020 | 0.00 | 1.33% |
| 2019 | 0.00 | -85.47% |
| 2018 | 0.00 | -18.09% |
| 2017 | 0.00 | -98.59% |
| 2016 | 0.15 | -65.90% |
| 2015 | 0.43 | -40.52% |
| 2014 | 0.73 | -42.08% |
| 2013 | 1.26 | Infinity% |
| 2013 | 0 | 0% |
The current Current Ratio of Emergence Global Enterprises Inc. (ELOAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.22
5-year avg
0.14
10-year avg
0.32
Emergence Global Enterprises Inc.’s Current Ratio is greater than Plaid Technologies Inc. (0.03), less than MAV Beauty Brands Inc. (3.25), greater than Global Diversified Marketing Group, Inc. (0), greater than The Yumy Candy Company Inc. (0.05), less than Imperial Ginseng Products Ltd. (6.18), less than Revlon, Inc. (0.96), greater than Freshlocal Solutions Inc. (0.35), greater than Motivating the Masses, Inc. (0.11), less than The Well Told Company Inc. (0.82), greater than BioNeutra Global Corporation (0.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.03 | $4.22M | |
| 3.25 | $4.81M | |
| 0 | $3.69M | |
| 0.05 | $5.49M | |
| 6.18 | $5.41M | |
| 0.96 | $3.80M | |
| 0.35 | $6.23M | |
| 0.11 | $4.06M | |
| 0.82 | $578.00K | |
| 0.35 | $259.85K |
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